"income tax"

The Philippines’ incoming tax agency chief said on Wednesday that she would collect the estate tax due from the family of president-elect Ferdinand Marcos Jr, taking on an issue that has hounded the next leader.

Foreign actors shooting movies in Thailand will be exempted from paying tax for the next five years in a bid to attract filmmakers to Thailand and boost the country’s soft power.

The Cabinet on Tuesday approved value-added tax (VAT) exemption and personal income tax deduction on cryptocurrencies and digital token trading.

The State Administration Council has enacted the law amending the 2020 Union Tax Law saying that those earning Ks100 million and below shall pay three percent income tax and those earning more than Ks3 billion 30 percent income tax.

THE NATIONAL Council for Peace and Order (NCPO) has issued an order under Article 44 of the charter to exempt income tax on interest revenue derived from bonds issued by the Financial Institutions Development Fund (FIDF) in a bid to boost the country’s financial system stability.

POLITICIANS from the major Democrat and Pheu Thai parties have not been summoned by the Revenue Department after the Office of the Auditor-General called on authorities to find out whether politicians with increased assets had paid sufficient taxes.